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HomeNewsNew MediaSpotify’s India launch delayed due to cold war with large record labels
Saturday, 28 July 2018 05:46

Spotify’s India launch delayed due to cold war with large record labels

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The India launch of the global music streaming service Spotify has been delayed as large record labels have refused to license their songs to the service for the Indian market. 

As per projection of Morgan Stanley, Spotify will have 53 million paid subscribers in Asia, the Middle East, and Africa by 2023 compared with 11 million that it has currently. In March, Spotify had announced that it will enter the Indian market.

As per media reports, the relations between Spotify and music labels have strained in recent months following the former’s decision to licence music directly from some artists. According to a large label, “India is something Spotify wants, and we have not granted it yet. There’s a carrot-and-stick approach.”

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